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will recognize each member for six minutes following the presentation by the witnesses fought secretary clinton was scheduled to be here today but we have had to reschedule if her parents do to the unfortunate injury for which we wish her a speedy and healthy recovery. she has a confirmed once again she has every intention of testifying before our committee by mid january as soon as she gets the go ahead from her doctor, so we will welcome the secretary to the committee in mid january. before i begin my opening statement, i would like to raise the case of a u.s. citizen john hammer, a proud marlene that served in iraq and afghanistan and was unjustly incarcerated in mexico. i am giving you gentlemen a bipartisan letter addressed to secretary clinton signed by close to 70 of my house colleagues asking for the administration immediate intervention with mexican authorities the accountability review board to the committee she noted in her accompanying letter that all of us have a responsibility to provide the men and women that served this country with the best possible security and support most of
to increase any tax rates. how can it be that we have the rates the president is proposing back in the clinton years and the had the longest period of uninterrupted growth in the nation's history, 23 million jobs created, would balance the budget and were paying down the debt. if those tax rates are so needed to job creation, how is it that we have those very rates that the country was doing the best it has ever done? how can it be? the ideological rigidity is not fact-based. it is not fact-based. one of the things they are saying now is that if you go to a top rate of 39.6, that will have enormous consequences on economic growth. cbo has studied that issue. they have told us it would change economic growth by 1/10 of 1%. extending the tax cut would add -- extending all the middle class tax cuts would add 1.3% to economic growth. the overwhelming driver here is extending tax relief for the middle class. at least those making below $250,000. i go to another issue. there are income tax rates currently at 35% tax rate. what about people who are paying a rate of 15%? -- how about the unearned whe
to be watching? >> she had a pretty large star, but hillary clinton is beginning to grow in stature. everyone republicans are admitting that they're pretty scared. nay actually elevated the clintons themselves. hillary is stepping down as secretary of state. she'll be doing lots of nonpolitical work over the next few yearings and her star will continue to wurn brighter and brighter. >> what do you think, jonathan? >> i think it will be a black spot on four tremendous years as secretary of state. i would give my rising star award to what i'm calling the obama coalition. all of the folks that we've been talking about who came together and decided that they wanted to give him four more years shs despite where the economy is, despite the right track, wrong trax. we're with him. >> but who out of that coalition? is there a person? >> i yield to the lady. >> to my left. >> yes. >> and we didn't coordinate. but, for me, it doesn't go to one particular person. it goes to latinos. it goes to the latino electorate which really flexed its political message. latinos are pushing red states into light red,
, leadership sponsors, clinton meyer book publishing papers, a division of central national, coral graphics, penguin, and sponsors amazon, google, harper collins, stephen king, and deborah wiley, thank you. [applause] now for something special. i'd like to acknowledge in our audience the winners of our fourth annual innovation and reading prize funded by the lavender foundation. if you are worried about the next generation of book lovers, just listen to this list and again hold your applause until i'm finished. we have with us tonight 15 year old lily-white from coral gables. she started a giving library in a homeless shelter where kids could take as many books as they wanted that they within own, not borrow. in chicago, reading against the odds enhance the critical thinking skills of adult literacy learners by introducing them to challenging, intellectually challenging books at the library in colorado, a group of teenagers calling themselves the interesting readers society produced unique books for television programmi programming. in portland, oregon, street books at the library for peopl
. it should be called returning to the clinton era tax rate. isn't that the democrats' dream? return to clinton era tax rates? >> juan: that was 39%. that is not a big deal. not comparable to rates under reagan or going back to clinton. clinton was 39%. >> eric: that is where we are going. what about this. every time boehner an obama get close to a deal, president obama moves the goalpost back. >> kimberly: he is playing hard ball. this is the problem. he is going hmm to you, republicans. i don't care about that. that is nothing. i get that for free. he is the guy changing the play for his side. what about the right? >> juan: the american people. look at the poll, they think president obama is willing to compromise. >> andrea: which is ironic. [ overtalk ] >> juan: who are the obstructionists? it's my ideology, i can't negotiate. even if we go off the cliff, endanger the whole economy. >> greg: here is thing. the idea of adhering to a principle in this world is seen as extremism, trying to limit government and cutting taxes. what obama is able to do is shift the argument from cutting
. who is the first? >> >> bill: the answer is d, hillary clinton. you both got it wrong. hillary clinton got a little master's degree. and then laura bush, do i believe has a librarian thing. masters. both got it wrong. very good start. here is question number two. marilyn monroe, no advanced degree often played a ditsy blonde felt critic for acting skills. though she was nominated for a winner she did win a golden globe for her role in what film? golden globe, marilyn monroe what film? >> terribly sorry. >> sweet sue, you won't tell anybody, will you. >> >> bill: doocy got it right. no surprise there very good film. >> steve: those were men dressed as women. >> bill: really, doocy? >> nothing gets by him. >> they are flamboyant men. >> bill: no end to your dedetective capability. >> bill: i think i have a crick right here. number three. margaret thatcher film. >> we will stand on principle or we will not stand at all. >> but, margaret with all due respect, when one has been to war. >> i have done battle. every single day of my life. >> bill: iron lady is her nickname. mrs. thatcher also
through bill clinton and others like him trying to change it, made the party more acceptable to the american people. republicans have not gotten there yet. it was a party as we saw in the election, a declining -- white share of the vote is the declining share of the electorate. their share is going up, but not enough to compensate. >> right. >> right now the sort of primal scream you hear for spending cuts isn't consummate with the american people. president obama just ran on a program of resisting some of the fundamental ways in which the republicans wanted to change medicare and raise taxes on people over $250,000. he won the election and people from the very red districts elected in the house simply have not adapted to that reality. >> let me go to jonathan chait and the primal scream and the election president obama won, but you wouldn't know this in washington. doesn't it feel sometimes like one side experienced maybe a different election? >> they did. for the house republicans, they don't have to worry about public opinion. the house republicans got fewer votes than hou
, is that inheritable by somebody else, by a classic politician? can hillary clinton still get those voters? will people think that she is outside politics, outside of washington the way that people think of barack obama, which is a wholly new thing. that is sui generis. >> i don't see it like that especially because the man himself is an island unto himself in washington, d.c. >> yes. >> he is not a democratic party boss like tip o'neill. he's not even really connected with the chicago political machine. >> and curiously, people like that. >> he is his own man. that's a great thing unless you are the democrats that want this to be passed along four years from now. >> but is there, in your view, a philosophical way of being that is inheritable, to use rick's word? is this pragmatic problem-solving approach that clinton began and obama has clearly taken through this four years, five years so far, is the next republican victor going to have to be someone who is less ideological than, say, 30 years ago? >> well, i take exception with the suggestion that barack obama has been pragmatic. he passed a lot of t
in another three years with another crisis in the vrsc. the secretary clinton, ambassador riesch, undersecretary for political affairs and ambassador windy sherman high and -- and i have all met with an spoken with the rwandan and rwanda and officials in the past few weeks for a rapid and peaceful resolution to the crisis. i have travelled to the region just last month with my british and french counterparts to press the condoleezza, rwanda in, and ugandan governments to work together and start the crisis and address the causes of instability. and all three governments reiterated to us their shared goals -- their share gold -- shared goals. all three indicated to was that the most abusive commanders are now under targeted sanctions and we have placed those same individuals under u.s. sanctions. talks between the garcia government and the environment -- m 23 began on december 29 in uganda and are being mediated with uganda as the chair on the international conference of the great lakes region known as the i c g lra. as the two sides begin substantive con -- talks, the current ceas
jfk. back in the early 1960's. and he got a huge amount of protest. >> clinton lowered the capital gains tax and because of that a huge boom in the stock market. >> the tax cuts barely passed at the early part of 2000. why didn't they make them permanent and we could have avoid this had kind of discussion? >> tax policies extremely difficult. they put it through the so-called reconciliation process, which doesn't require 60 votes. reconciliation laws, sunset after ten years, they're not permanent and that's why this one is sunsetting, rather than having done a, you know, a long-term tax reform bill. and tax reform is very difficult. >> why can't we get sunsetting on spending, and no sunsetting on tax cuts. we shouldn't be, that's what we should be sunsetting are the spending bills. we should be talking about wind energy that needs to be sunsetted, soon. you bring up the side of the cliff that no one talks about. the sequester, the automatic spending reduction, i don't think it would be a bad thing if washington took the sequester and showed that they could cut spending. >> because
clinton and the congressional republicans. it seemed at that time it was advantage president or whoever it was in the white house. is that the same sort of scenario we're seeing right now or is it possible for this president to overplay his hand? >> i think we're defining dysfunction down. i mean, the willingness -- maybe we will get an 11th hour agreement that avoids the fiscal cliff, but it will be a fairly minimal agreement. nothing like a big comprehensive deal. especially the republicans are having difficulty making the compromises you need to move forward in what is a very closely divided society. what is the alternative? you have a republican house but a democratic president who will be there for four years and a reasonable prospect if hillary clinton runs in 2016, a democrat will hold the white house then. what are we waiting for. in 1997 even, when a democratic president was reelected along with a republican congress, they said none of us are going away, we have to make a deal. that's not really happening yet. >> so tglass is half full for you? >> i think it can still happen, b
politics the most, former president bill clinton. >> there's not a close second, is there? >> yeah, there might be. >> that campaign -- >> yep. just a few weeks after holding court at the democratic national convention, the former president kicked off his annual clinton global initiative conference in new york city. >> mika and i sat down with the president at the site of the cgi meeting on the same day that both president obama and mitt romney were set to speak there. >> how would you characterize how he's been handling the collective problems that we're seeing percolating across the middle east? >> well, i think that first of all, i think they've done pretty well in a very chaotic situation. the arab spring was always going to have ups and downs or bumps in the road or whatever you want to call it. in libya, the tragic situation of the lost of our ambassador and the other americans, it's worth pointing out a couple of things. first of all, most of the libyan people who were aware of what's going on like the united states, they like the fact that we aggressively supported them and
life. ♪ lou: joining me, lou: joining me now, the "a-team," legal analyst and former clinton advisor, fox newv contributor.ke good to have you all here. have to start with you on this republican recess, as we start to figure what is going on with republicangu party. it seems stephen hayes and a fet other folks are saying they did a great job in her standing up for them it i'm not saying anything, just asking questions this is a status quo position of the republican party? >> the rank and file out across history -- lou: who is it? >> look, i need a little bit ofk new blood. we do very, very well as we win the government raises and the midterm.e m lou: let me ask a democrat. >> have to find the talent bring them to do washington. lou: no names and don't mess it up too much. does that wor it work the same r the democrats? >> absolutely because republicans have won five of the last six elections. the never miss an opportunity to miss an opportunity and if they follow the prescription for what will happen is they will cosign themselves with their position. >> i just want to understand thi
, the attention to deday. >> host: two of brad's fans are presidents george w. bush and president bill clinton as well. next call from beverly in maryland. hi, beverly. >> how are you today? >> host: good. >> guest: good. >> caller: my question is for brad. i read your article -- >> host: we're listening . >> read your article on your english teacher and how you went back to her retirement, and it was the most laudible thing i had read, acknowledging how good teachers can be, and i wondered if you stayed in touch with her and to thank you for that wonderful tribute. >> guest: i appreciate that. that was in parade magazine. i tell you what happenedtime. won't e won't believe the end of the story. when i was in nine grade, my english teacher, sheila spicer, said to me you can write. and i said, anyone can write. she said, no, you know what you're doing. she tried to put me in the honors class but i had a conflict. so she said, you're going to sit in this corner for the entire year, ignore everything i do at the blackboard, every homework assignment i give, and she was saying you're going to do t
back to the clinton level tax rate. >> that's all ware doing and you can res tro actively fine tune the things you don't like about what's going on. >> stop worrying. happy new year. >> happy new year, you and natasha and the schlossbergs. >> coming up, the major financials showing growth in 2012. can they expect a tougher business environment in the new year? we will break it down next. and then the impact on the insurance market and we will talk to eric dinallo, the former new york insurance superintendent. >> my name is allen shortal founder of this corporation. if the fiscal cliff doesn't get resolved no question the u.s. economy will go into recession. we closed down our manufacturing in china and relocated it in the usa. for other companies to follow our lead, they need to trust our leaders in washington will actually lead. think outside the box, great incentive for businesses to invest in the u.s. economy. we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicate
the avengers, the hundred games, and the twilight saba breaking dawn help keep revenue afloat. clinton andclinton tarantino die unchain and a musical light as a route which opened yesterday are expected to help 2012 and not a high note. does the customs and is expecting it again and we did it that confirmed it. 9656 right now yesterday was rainy and ugly, today not so much. we have breezy wet rather but said thursday the sun comes back and we have left over showers lingering into the weekend. sunday looks to be a little clearer and the work week i can't cut the workweek we have new year's next week. nationwide weather, there are it storms walloping the various areas. it is very busy at s f of dropping off luggage in giving hugs. i just these, sorry about that. little rock arkansas is against the honor national map has a eight storm across the nation. we will be right back.
, eisenhower, j.f.k., clinton, they all had unfairs. what do you say to that? >> well, i don't think the idea -- the problem is that general petraeus had an affair. i think the idea and the big problem is that he was director of the cia and he walked into right into one of the most blackmailable situations you can have. it's good the u.s. found out about it before the russians or chinese. it's not that he's a general messing around, and according to the code of the justice that's not allowed. >> teetering on the edge of the fiscal cliff with just 36 days to go until tax increases kick, in the white house and congress are playing a high stakes game of let's make a deal. >> only in america believes there has to be this what i believe to be really farce ical now surely -- the nature of the world is very fast moving, america has huge economic problems, heading for another fiscal cliff, everyone laughing at you from afenway park the american public sick and tired of all the games going on and there are you, grover norquist, a very bright guy still resolutely saying a pledge is a pledge is a pledge
will be enforced but not before giving the public a chance to weigh in. in 1993, president clinton called executive order to call on agencies to provide minimum of 60 days for public input. three new proposed regulation for obamacare assigned 30 days and will get 24. with the comment period set to end in the week between christmas and new year's. one of the regulation runs more than 400 pages. regulatory experts say it creates nearly impossible task. fully vetting the proposal and submitting in-depth comment by the deadline. >> very few people are aware that the regulatory process allows for public to comment. because of that, a lot of the agencies work in secret. >> americans for limited government sent letters to the administration asking why it's flagrantly ignoring the appropriate comment period. expressing concern about the large number of new regulatory actions that are being undertaken by the administration since the november election. the department of health and human services tells us "governors, insurers an other partners encourage us to finance roles as soon as possible and we will cont
with former president bill clinton on the ryder cup which he paid up for, by the way. this year i talked to the biggest names in sport about what it takes to be the very best and what it feels like to be a world champion. what a moment. for you, eh? the green jacket. can i touch it? >> yeah, go ahead. >> how does it feel? >> it feels nice. >> how does it really feel to be bubba watson right now? >> it's overwhelming. people like yourself wanting to talk to me. for me to come to new york and do these interviews and meet you for first time. it's a special time. >> why have you given me the big exclusive interview. somebody's told me the rather unnerving reason why. >> because when you were on this other show "america's got talent" you were a [ bleep ] so i wanted to come here and make fun of you just like you make fun of everybody else. >> i heard that was the reason. it genuinely was, wasn't it? >> yeah. >> because i'm a [ bleep ] i don't care how we got you here, i'll take it. how hard it is, mike, for people who have been at the top of boxing with all the adrenaline and the buildup to t
of math. of president clinton calling it arithmetic. you need a majority. why are you trying to make it more complicated than it is. >> is mitch mcconnell going to save the day? >> i don't know about that, but let me take issue. the republican conference in the house is very conservative. we are seeing a very conservative conference that may not coming to to vote on something, even if nancy pelosi can corral the democrats, they need to pick off republicans. we don't know if any of them would vote for something like this. john boehner is ready to strike a deal. i'm not sure many others are. in the senate we have seen a number of conservative republicans saying they would vote. >> 20 republican votes? >> at this point it's very hard to say. i think john boehner would probably be trying to go in that direction if he could. we haven't seen enough house republicans come out yet and say they would support tax increases. if you have tom coal who broke with his party leadership and the party ranks about three weeks ago or so. we haven't seen enough say they would. i don't know that that's th
controlled for 40 years as well. there were rare occasions. president clinton massed nafta, the free trade agreement in 1993. the majority of republican votes for it and democrats against it. it's only 20 votes, but that is the difference between boehner getting what he wants and not. if he loses, he can only lose fewer than that in january. he needs a bill that commands a lot of democratic support. >> people say it will be one of the most powerful people. it will be more powerful because she has the upper hand and she knows it. she will have to deal with it at least 75 to 100 votes. >> and again the marks sustain this idea of okay, this new more moderate congress coming in and these voices will be put down to a degree or will we see dire financial implications off the bat? >> the lesser because even if they managed to harsh out the small deal that president obama is putting forward, this is deficit increase that we are talking about. none of these cuts will be offset. all of the spending will have to be accounted for somehow. the stage is set for an ugly plan. >> only in america! trivia t
secretary clinton agreed to meet with the russian foreign minister and rahim my, the u.n. ambassador for the syrian issue, the syrian dossier. if the regime uses chemical weapons or any weapons of mass destruction, the regime in syria, that is definitely an indication that it is a last act of desperation. melissa: yeah. >> i'm sure that the international community will try to prevent that in any way, shape or form. the syrian, the russian president, putin, a couple of days ago when he was in turkey, he gave some signals that the chemical weapons in syria are secure. so now i think we need to sit down with the russians to see if they have any guaranties to the security of these weapons. >> talked about how the international community could try to prevent this and there are two weapons we really have. there are weapons weapons and there is money. is there anything, what could we do at this point to try to stop this from happening? >> well i think, you know, the regime of syria has these weapons. i'm not sure they will sell them or if we put some money on the table that will solve this.
ronald reagan and bill clinton cut spending. i would take the clinton tax rates, right now, i would take them. gregg: really. >> they won't hurt the economy, if, i got clinton's spending. he spent one-third less on federal government than barack obama is today, one-third less. we've increased the size of the government by over 33%. gregg:er hereby announce you king for a day. you're it. >> oh, please. but that's it. we're spending too much and the only way to afford this kind of spending is to tax everyone. and that's what i'm worried about. we're moving toward a value-added tax. gregg: brian wesbury, good to see you. thanks so much. >> good to see you, gregg. patti ann: greg says he can have the power. can i be queen? gregg: you may. >> this is great story. a man loses a ring on the highway and another person finds it. he is looking for the rightful owner. i hope you're watching! we'll tell you how you can help coming up. >>> a touching story of a fifth grader and how he decided to honor the victims in newtown, connecticut. >> when i heard about sandy hook i felt really bad for all the
class figures and they are the ones that got shafted because there was a bipartisan move. clinton was president, the republicans mainly were running the congress when we had things like nafta, china most favored nation status, the wto, the world trade organization, all of these trade deals that people claim were going to bring jobs to the united states and in every case the jobs left. >> many publications are putting together their year-end list of notable books. book tv will feature several of the books focusing on the non-fiction selections. these titles were included in foreign policy magazines must read books to give in breakout nations in pursuit of the next economic miracles on the set is another author we want to introduce you to a and this is brian. here is his book castor's secrets the cia and the intelligence machine. if you could start by giving us your background, particularly your cia background. >> i worked at the national intelligence council in washington for about 45 years. i ultimately became the national intelligence officer for latin america which is a tree or
clinton leaving. nope, he's not. he went to facebook and said he's not interested and will not be running for public office but will continue to work with the eastern congo initiative, which is something he's been talking about a lot politically. he's been very political. but it's interesting to see the celebrities getting into politics. >> sorry, i'm just googling that video we were talking about. >> we're going to go to break. remember to come back after the break. we'll be right back. . [ nyquil bottle ] hey tylenol, you know we're kinda like twins. [ tylenol bottle ] we are? yeah we both relieve coughs, sneezing, aches, fevers. and i relieve nasal congestion. overachiever. [ female announcer ] tylenol® cold multi-symptom nighttime relieves nasal congestion. nyquil® cold and flu doesn't. i get congested. but now, with zyrtec-d®, i have the proven allergy relief of zyrtec®, plus a powerful decongestant. zyrtec-d® lets me breath freer, so i can love the air. [ male announcer ] zyrtec-d®. behind the pharmacy counter. no prescription needed. ♪ ♪ >> welcome back. i'm sure you saw
of the prejudice by being visible about it. helping to block. the conviction of bill clinton of impeachment. i've done a lot of work for affordable housing, rental housing. i understand the rap on me and other liberals is we push poor people into homeownership. and it's exactly the opposite of the case. we were trying to prevent those kinds of bad loans. and i'm beginning to see a substantial reduction in america's military budget and doing away with the notion that 65 years after world war ii we continue to have to protect the whole world. >> reporter: no concern that dodd-frank on the one hand, goes too far, as some people say, and on the other hand, as others say, doesn't go far enough? >> no, i don't think in any area it goes too far. as to the regulators, i would have been worried if mitt romney had been elected because he would have appointed non- regulators. but i think the people in place under president obama who helped write the law believe in it. the common theme in the bill, as i saw it, was to say to a great extent, people who make decisions that are risky, which should be done in
tox s going to be tough to get over, but the name bill clinton comes to mind when you look at successful politicians remaking themselves. >> katon dawson, south carolina, appreciate it so much. see you at the silver dollar in charleston, my friend. >> absolutely, thank you, luke. >>> next, brand new information about what house republicans will be doing tomorrow. >>> plus, the bitter battle of president obama's second-term cabinet. you don't even have to be a nominee to be scoured these days. politico briefing is next, jake sherman, don't want to miss that. [ woman ] ring. ring. progresso. i just finished a bowl of your new light chicken pot pie soup and it's so rich and creamy... is it really 100 calories? let me put you on webcan... ...lean roasted chicken... and a creamy broth mmm i can still see you. [ male announcer ] progresso. you gotta taste this soup. >>> the president cannot -- this white house cannot continue to float trial balloons and then not have them shot down. the president can't get perceived to being rolled by opponents. the problem that chuck hagel has,
an autobiography in which he takes great pride with president clinton having called him before he nominated me, before he nominee did justice breyer and said i'm thinking of the nominating ruth bader ginsburg and there would be okay with it. but it was that a bipartisan spirit read over three days but there were no hartel questions to speak to the constituents to show how they were and how well informed of the word. the white house was very concerned about the connection. i helped launch the project in the council for seven years there wasn't a single question about my affiliation. i think will take great statesman on both sides of the nile and it isn't one party or the other it was the dug confirmation and over 40 negative votes on elena kagn it would take people on both sides of the aisle to come together and say enough, this is not the way that we should be. we should be ruling judges, the president is devoted to the law to do the hard work that's involved that's what should count. there was a great man that set the truth and the role of the united states isn't to evil. it is the pendulum.
believe it's doing a good job. >>> he's in there. shakespeare, bill clinton, marvin gaye, a lot of people have in common. you can find their best phrases in bartlett's familiar quotations. you didn't make the list. >> maybe the 2037 version. >> maybe the next one. it's a fascinating book. today we're going to revisit interesting quotes in there for the very first time. very interesting stuff still ahead on "cbs this morning." >> you're in there. >> i'm not in there, no. to the best vacation spot on earth. (all) the gulf! it doesn't matter which of our great states folks visit. mississippi, alabama, louisiana or florida they're gonna love it. shaul, your alabama hospitality is incredible. thanks, karen. love your mississippi outdoors. i vote for your florida beaches, dawn. bill, this louisiana seafood is delicious. we're having such a great year on the gulf we've decided to put aside our rivalry. now is the perfect time to visit anyone of our states. the beaches and waters couldn't be more beautiful. take a boat ride, go fishing or just lay in the sun. we've got coastline to explore
revenue afloat. >> clinton tarantinsl django unchained and the musical a malabo which opened yesterday are expected of 2012 ended on a high note. >> jessica sense and has announced that she is expecting another baby. >> on tuesday, since we did a photo of her baby daughter playing in the sand with the words quotation marks because this quotation marks spelled out. >> 32 year-old weight watchers spokeswoman has been rumored to be expected again. >> the twinkie appear to confirm the rumors. >> sense and you tweaked back on halloween of last year to announce the privacy of our first child. >> new web all the latest as we are live as at all. we are taking a look at the local roadways as well. starbucks is making a political statement with its cups, more on how they're trying to bridge the fiscal cliff. plus wet weather lane area across the bay area this morning. will check your wednesday forecast the kron 4 morning news continues in two minutes >> good morning. the top stories we're following this wednesday, december 26th. it is a day after christmas which makes it is a big travel day acro
.6 in the clinton administration from 35% now but taxes will also go up for tax rates would go up for lower-income earners. the maximum lowest rate reverting to 15% from 10% and for investors capital gains rates would revert to 20% from 15% and depending on the analysis the average family would pay 2,000 to $4,000 more in taxes next year. dennis: quick follow-up. in terms of profitmaking in washington is now officially impossible to get a fix in place by december 31st? is it impossible? peter: it is not impossible. you are probably referring to this three day period that the house requires for reading legislation. in theory if the senate did something by friday, they would have saturday, sunday and the house could vote on monday, but if we got into pingpong, good luck with that. dennis: thank you very much. shibani: christmas miracles can happen. snow and wicked wind preventing thousands from flying home this christmas. join me live in the weather center as the storm moves towards the northeast. watch out for that. dennis: less miserables winning bid at the box office. we will tell you abou
.6 from the clinton administration from 35% now but taxes would also go up for lower income earners. the maximum low rate would revert back to 15% from 10% now. the for investors, capital gains rates would revert to 20% from 15% now. depending on the analysis, the average family would pay 2,000 to 4 thou more in taxes next year. back to you guys. tracy: peter we were talking about the protocol. you sent a great little ted it about. you have to explain it to the viewers. the house makes these rules, three day rule everyone gets opportunity to read but the house has the opportunity to throw them out of the window. >> that's right. the house can waive its rules so they can waive the three-day rule, but, also the three days isn't 72 hours now. it is like, it's three calendar days. if they post it one minute before midnight on one day, then have it for 24 hours for day two, they can post it for one men on day three, that apparently now counts as three-day rule. so 24 hours and two minutes. tracy: it's a joke. sound like my house. i make up the ruse as they go. lori: whatever, mom. tracy:
? why did obama or hillary clinton get on the phone and call the president of libya and say, "you owe us. san whenever you have to save our people." i believe the local forces went in after it was over and our people were dead. to didn't somebody jawbone, get them in there to help? host: you can talk about any topic you like. joel florida, what is on your mind. caller: you were talking about afghanistan. one of the main reasons we are over there is to keep the poppy plants growing. host: what brings you to that opinion? caller: just research that i do online. host: how do you think things are going to work effort with the troupe drawdown? caller: anybody's guess. host: alright. sharon from california. caller: in 2013, there is a movement coming to washington, d.c., about systemic corruption in our judicial system. a gentleman is with wallace america -- lawless america. he has been documented people from family court to civil cases where politics are taking precedence over the law. perjury is rampant. there is a movement coming. we want to see the constitution restored and i hope that is
clinton knew you had to cut capital gains taxes to stimulate capital formation and investment that grew the economy in the '90s, pretty robustly, i think democrats would agree. so there is a whole set of things that have to be done in order to keep this economy out of dipping back into a recession which is why we have missed the real conversation set very well by democrats and republicans on the bipartisan debt commission. for every one dollar in increased revenue, we need four dollars in spending cuts. the president has failed to meet that level. >> you had a bill on the floor of the house, and boehner failed to get that pushed through. what happened there? >> that was -- boehner's leadership, without a doubt, i think, took a huge hit with that one, but that still represents one-tenth of the problem. where's the president's leadership on spending? >> that represents the entire problem. >> really? not according to the bipartisan debt commission. revenues represent the entire problem. >> this is the speaker of the house that can't do his job, that's what that represents, and he can't lea
with me. there was hatred. but i'm not alone in that. you can take the last three presidents, clinton, bush, obama and people haven't just disagreed with them, they've hated them. to me, that's really terrible. that's a cancer that's eating at our politics. >> rick: he also said that even with the last three presidents being worse than he's ever seen, the last two years have been absolutely the worse that there has been an amount of inability to work together and compromise and it's completely stopping our system from making progress. >> clayton: he's been praised by republicans and democrats, but also vilified by both republicans and democrats, thinking he's grand standing and an opportunist. i read his book called "in praise of public service." i love to read all the politicians books when they came out. he believed that no -- >> gretchen: i liked that -- >> clayton: it was a thin back. i could get through in a flight with big type and wide margins. he talked about -- he didn't think we needed any sort of caps or term limits. he believed that we should have it open ended. >> gretche
full eligibility. at hearkens it hearkens back to a proposal in the clinton health care era in allowing people as young as 60 or maybe even 55 at 1.2 by ian at the full actuarial cost. any reaction to that via any of the panelists? >> it makes much less sense given the passage of the affordable care act. i think the issue that had been dealt with previously is that because there are individuals who, for whatever reason, no longer have other sources of insurance coverage in their pre-medicare years, would it be okay to let them buy and on an unsubsidized basis to the medicare pool. we don't have to do that now because we have the affordable care act, which will make insurance via either medicaid or the exchanges available to people in a group setting. so it doesn't mean, you could think about technically doing it that it does not make a lot of sense. >> i totally agree and my first reaction too is such a proposal in today's context would actually make those individuals were soft when it was brought over to the medicare program with the same set of subsidies that would be available to tho
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